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20121115
20121115
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slid 0.3% in october, more than expected, and the first decline in three months. hurricane sandy was behind at least some of the sales decline. but there are fresh worries today about the underlying strength of the american consumer. suzanne pratt reports. >> reporter: hurricane sandy is going to get blamed a lot in the coming weeks for soft economic data. and, rightfully so. after all the superstorm paralyzed a good chunk of the northeast for at least a week. that meant, no shopping, no eating out, and no filling up the tank. >> clearly, the retail sales data were weak and they were weak across a lot of categories. the commerce dept did talk about the affects on hurricane sandy on the numbers. but, it's hard to quantify. >> reporter: the question is whether that consumer paralysis will continue into the all important holiday retail season. many economists say that really depends on whether americans feel secure in the their jobs. here's the good news: there has recently been some improvement on the labor front. on top of that, many shoppers are finding their wallets are thicker
Search Results 0 to 0 of about 1